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20121124
20121124
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FOX News
Nov 24, 2012 7:30am PST
only, no, they are cutting back because with what they fear from president obama getting his way in terms of higher taxes. in determines of higher dividend taxes and higher taxes on just about every piece of the economy and i tell you, don't believe me, go out there and talk to them. they started cutting back way before this last week. >> i want to take this point. >> and this is the problem, the fiscal cliff is really bad, but the solution offered by president obama of massive taxes is not that good. >> julian, what do you make of that this this is just a pandora's box, and the beginning. the fiscal cliff, could have a short-term impact, but ultimately the trend of higher taxes that charlie's point, is what businesses are really afraid of? >> i totally disagree with that and i think the surveys of businesses have shown that to be wrong and i talked to-- >> whoa, whoa, what survey. >> can i finish the point, charlie. >> you just said survey. >> we'll come back. >> i think that businesses are concerned mostly about whether consumers are going to spend or the not. that's the concer
NBC
Nov 24, 2012 5:00am PST
obama returning from a post-thanksgiving round of golf, but off the links, the clock is ticking. lawmakers need to hammer out a deal to prevent the so called fiscal cliff. deep spending cuts and tax hikes set to take effect next year. >> i think we're all aware that we have some urgent business to do. >> reporter: after a meeting at the white house last week, congressional leaders struck a rare tone of bipartisanship. >> we had a very constructive meeting with the president. >> we feel very comfortable with each other. >> reporter: but a major sticking point remains -- taxes. president obama wants to let the bush era tax cuts expire for the wealthiest americans. many republicans still oppose that idea. aides have been trying to work out a compromise. >> none of this is pretty. it's actually ridiculous. pretty dysfunctional politics. we've set this crazy trap for ourselves and we're about to inflict a wound on our economy that really doesn't need that. >> reporter: in addition, the fragile cease fire looms large in the middle east. some analysts say this could be an opening for m
Search Results 0 to 1 of about 2